Popular Announces Appointment of Betina Castellví as Chief Security Officer

Popular, Inc. ("Popular") BPOP announced today the creation of the Corporate Security Group, led by Betina Castellví as the Chief Security Officer. This new group will consolidate all corporate efforts related to cyber security and enterprise fraud. Castellví will be a member of the Senior Management Team and will report directly to Ignacio Alvarez, President and Chief Executive Officer of Popular.

"Security is a top priority for Popular. We continue to invest considerable resources to ensure that we protect our customers' information and our Corporation in this rapidly-changing environment. We are confident that the creation of this group will further increase awareness of this important matter and facilitate collaboration across the organization," said Alvarez.

Castellví's career at Popular, which spans over 20 years, includes leadership roles in several areas, such as financial, operational and market risk, and most recently, the position of General Auditor, which she assumed in 2012. Castellví, a Certified Public Accountant and lawyer, earned a Bachelor's Degree in accounting from the Wharton School of the University of Pennsylvania and a law degree from the University of Puerto Rico.

Founded in 1893, Popular, Inc. is the leading banking institution by both assets and deposits in Puerto Rico and ranks among the top 50 U.S. banks by assets. In Puerto Rico and the U.S. Virgin Islands, Popular provides retail, mortgage and commercial banking services through its principal banking subsidiary, Banco Popular de Puerto Rico, as well as auto and equipment leasing and financing, investment banking, broker-dealer and insurance services through specialized subsidiaries. In the mainland United States, Popular provides retail, mortgage and commercial banking services through its New York-chartered banking subsidiary, Popular Bank, which has branches located in New York, New Jersey and Florida.

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